Posts Tagged ‘mpesa’

The next great tech frontier? That would be Africa, according to recent comments from Alibaba Group Holding’s founder and chairman Jack Ma. “The opportunity in eCommerce in Africa lies in the fact that Africa is lacking logistics, infrastructure and payment systems,” Ma said at a conference in Johannesburg, according to Bloomberg. Digital payments, FinTech and eCommerce […]

Kenyans will now be able to transfer funds across networks, this comes after three of the country’s mobile money platforms Safaricom’s M-Pesa, Telkom money, and Airtel money went into an agreement which aims to bring down the cost of money transactions. The pilot phase of the platform was launched on Monday, 22 January 2018. The […]

The conclusion of the annual gathering of the mobile industry in Barcelona for Mobile World Congress (MWC) saw even greater interest in solutions from Africa than in previous years according to the GSMA. Several African innovators were among the 2200 exhibitors who took part in the 2017 edition of the event, which is organised by […]

Launched by telecommunications group Vodafone/Safaricom in 2007, M-Pesa (“pesa” is Swahili for “money”) has become a way of life for 30 million Africans in 10 countries. More than 80% of Kenyans use the service. The network also enjoys market dominance in Tanzania and Uganda. The ingeniously simple method of money transfers made via cellphone messaging […]